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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 29, 2022
Oct. 30, 2021
Net sales $ 1,204,281 $ 1,335,656 $ 3,925,216 $ 4,418,582
Cost of sales (exclusive of depreciation expense shown separately below) 794,821 816,475 2,572,614 2,667,657
Gross margin 409,460 519,181 1,352,602 1,750,925
Selling and administrative expenses 503,016 487,378 1,494,239 1,473,454
Depreciation expense 37,255 35,930 111,808 105,196
Operating (loss) profit (130,811) (4,127) (253,445) 172,275
Interest expense (6,256) (2,284) (12,910) (7,148)
Other income (expense) 62 285 1,359 1,112
(Loss) income before income taxes (137,005) (6,126) (264,996) 166,239
Income tax (benefit) expense (33,992) (1,796) (66,751) 38,299
Net (loss) income and comprehensive (loss) income $ (103,013) $ (4,330) $ (198,245) $ 127,940
Earnings (loss) per common share        
Earnings (loss) per common share - basic (in dollars per share) $ (3.56) $ (0.14) $ (6.88) $ 3.80
Earnings (loss) per common share - diluted (in dollars per share) $ (3.56) $ (0.14) $ (6.88) $ 3.73
Weighted-average common shares outstanding:        
Basic 28,943 31,679 28,828 33,677
Dilutive effect of share-based awards 0 0 0 617
Diluted 28,943 31,679 28,828 34,294
Cash dividends declared per common share $ 0.30 $ 0.30 $ 0.90 $ 0.90